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  • Maximizing Personal Surplus: Liability-Driven Investment for Individuals
    insurance. For example, in the absence of long-term care insurance the real expenses of a retiree may become ... exercise: “optional” fixed costs like life- or long-term-care insurance premiums, as well as other costs of living ...

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    • Authors: Michael Ashton
    • Date: Mar 2011
    • Competency: External Forces & Industry Knowledge
    • Topics: Pensions & Retirement>Risk management